Kingfisher Airlines Agrees To Clear Rs 10 Crore Of Service Tax Dues

Central Board of Excise and Customs (CBEC) chief S K Goel on Sunday said that the ailing Kingfisher airlines had agreed to clear Rs.10 crore of its whopping Rs.76 crore service tax due, in service tax arrears which it has already collected from passengers, by end of this fiscal year. Mar 25, 2012

Manmohan Singh Invites Korean Firms To Invest In India

Manmohan, who is on a bilateral tour in the Republic of Korea, encouraged Korean firms for more investments in India and suggested the small and medium sized companies to launch its business in Indian markets. Mar 25, 2012

BSE Sensex Down by Over 2 Percent

The BSE Sensex witnessed a fall of over 2 percent on Thursday due to outflow of foreign money. It is the biggest one-day fall since last February. Mar 22, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 50.9055 rupees and the euro 67.4035 rupees. Mar 22, 2012

Mahindra Satyam To Merge With Tech Mahindra

The Mahindra group has approved the merger of its IT services providers Mahindra Satyam and Tech Mahindra Ltd. The combined revenue of the merged companies is expected to touch $2.4 billion, making it India's fifth largest software services exporter. Mar 21, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 50.5935 rupees and the euro 67.1366 rupees. Mar 21, 2012

Additional Foodgrain Godowns To Be Created In 19 States

The government is planning to construct foodgrain storage capacity of 151 lakh tons in 19 states, said Minister of Consumer Affairs, Food and Public Distribution K.V. Thomas informed the Parliament Tuesday. Mar 20, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the US dollar at 50.2545 rupees and the euro 66.5226 rupees. Mar 20, 2012